Press release
DSM completes sale of Protective Materials business
Heerlen, NL, 01 September 2022 07:00 CEST
Royal DSM, a global purpose-led science-based company, today announces the completion of the sale of its Protective Materials business to Avient Corporation for an Enterprise Value of €1.45 billion. The agreement was initially announced on 20 April 2022.
The transaction covers all of DSM’s Protective Materials activities, chiefly consisting of Dyneema®. DSM anticipates a book profit of around €1 billion. DSM will receive approximately €1.35 billion net in cash.
For more information
Lieke de Jong-Tops
Senior Communications Manager
+31 45 578 2420
media.contacts@dsm.com
Dave Huizing
Vice President Investor Relations
+31 45 578 2864
investor.relations@dsm.com
Gareth Mead
DSM Media Relations
+31 (0) 45 5782420
Dave Huizing
Vice-President Investor Relations
+31 45 578 2864